The Company of Others Finance Manager Interview Questions and Answers

Q1. Question is up to situational handling
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Q1. About job experience and salary
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Q1. Past and current work profile
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Q1. How to do your work
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Q1. Asked what i am doing in my present job and what i can do for this company
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Q1. Tell me about yourself
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Q2. Reason for job change
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Q1. Fixing assets journal entries
Ans. 
Fixing assets journal entries involves correcting errors in recording asset transactions.
• Identify the error in the original journal entry

• Reverse the incorrect entry by debiting the asset account and crediting the original account

• Make the correct entry by debiting the correct account and crediting the asset account

• Ensure the entry is properly documented and approved by management
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Q2. IFRS vs US GAAP
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IFRS and US GAAP are two sets of accounting standards used by companies worldwide, with key differences in principles and rules.
• IFRS (International Financial Reporting Standards) is principles-based, focusing on the conceptual framework and objectives of financial reporting.

• US GAAP (Generally Accepted Accounting Principles) is rules-based, providing specific guidelines and detailed rules for accounting treatments.

• IFRS ...read more
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Q3. Cash forecasting
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Q1. Basic questions and they cheking your behavioural Attitude
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Q1. Related to your previous company and P&L, Cogs, Ebidta...
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Q1. All questions from basic to higher level, Case study, Appetitude Test.
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Q1. About operations, role
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Q2. Inventory, wastage control, inventory control
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Q3. Situation based
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Q1. About goals , personal information
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Q2. Abouts me , hobbys , how am I different
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Q1. Personal questions
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Questions related to your daily life

Q1. Difference between Sales & Marketing
Ans. 
Sales focuses on selling products or services to customers, while marketing involves creating awareness and interest in those products or services.
• Sales involves direct interaction with customers to make a sale, while marketing involves creating strategies to attract and retain customers.

• Sales is more focused on short-term goals and transactions, while marketing is focused on long-term relationships and brand building.

• ...read more
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Q2. 4 P's of Marketing
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The 4 P's of marketing are Product, Price, Place, and Promotion.
• Product: Refers to the actual goods or services being offered to customers.

• Price: The amount customers are willing to pay for the product or service.

• Place: The locations where the product or service is available for customers to purchase.

• Promotion: The marketing strategies used to promote and sell the product or service.
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Q3. Internship experience
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Q1. Knowledge of company EBITDA
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Q2. Knowledge of Hospitality is a must
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